Pointers at Glance
- After committing to US manufacturing projects following the signing of the CHIPS and Science Act in August, Integra, a semiconductor manufacturer, has been approved for a Kansas state incentive package for its new facility.
- The incentive package, named the Attracting Powerful Economic Expansion Act, will allow the assembler to apply for CHIPS Act funding, which is contingent on a state and local incentive package.
Integra, a semiconductor assembler, has been approved for a Kansas state incentive package for its new facility. The incentive, called the Attracting Powerful Economic Expansion Act, will pave the way for the company to apply for funding under the CHIPS Act, which requires a state and local incentive package to be in place.
Investment By Integra
According to the Kansas Department of Commerce, the company has committed to investing $1 billion to qualify for the state incentive and to remain in Kansas for a minimum of 15 years. The investment will allow Integra to expand its manufacturing capacity to meet the increasing service demand.
Integra is one of many semiconductor manufacturers committed to US manufacturing projects. Other major chip manufacturers, like TSMC and Micron, announced projects last year to capitalize on funding made available under the act.
Apart from the state incentive, Integra is concentrating on building local and regional partnerships, support, and workforce development to support its CHIPS for America application. The company is working with the Workforce Alliance of South Central Kansas to develop a workforce outreach and training plan to offer employment opportunities to individuals and groups with employment barriers.
In a statement, Integra CEO Troy Robinson said, “We have done extensive planning for this expansion because we anticipated the increasing need for our services. With Kansas’ and the Wichita region’s support, we have the thorough plans, long-term experience, and proven record to grow our country’s share of this important market.”